Sweetgreen Stock Technical Analysis
| SG Stock | USD 43.40 2.15 5.21% |
As of the 25th of November, Sweetgreen has the Semi Deviation of 3.33, coefficient of variation of 1021.69, and Risk Adjusted Performance of 0.0832. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sweetgreen, as well as the relationship between them. Please validate Sweetgreen information ratio, as well as the relationship between the potential upside and kurtosis to decide if Sweetgreen is priced more or less accurately, providing market reflects its prevalent price of 43.4 per share. Given that Sweetgreen has jensen alpha of 0.1221, we advise you to double-check Sweetgreen's current market performance to make sure the company can sustain itself at a future point.
Sweetgreen Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sweetgreen, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SweetgreenSweetgreen |
Sweetgreen Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 15.88 | Strong Buy | 11 | Odds |
Most Sweetgreen analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Sweetgreen stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Sweetgreen, talking to its executives and customers, or listening to Sweetgreen conference calls.
Sweetgreen technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Sweetgreen Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Sweetgreen volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sweetgreen Trend Analysis
Use this graph to draw trend lines for Sweetgreen. You can use it to identify possible trend reversals for Sweetgreen as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Sweetgreen price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sweetgreen Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sweetgreen applied against its price change over selected period. The best fit line has a slop of 0.14 , which suggests that Sweetgreen will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 747.33, which is the sum of squared deviations for the predicted Sweetgreen price change compared to its average price change.About Sweetgreen Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Sweetgreen on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Sweetgreen based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sweetgreen price pattern first instead of the macroeconomic environment surrounding Sweetgreen. By analyzing Sweetgreen's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Sweetgreen's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Sweetgreen specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2020 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 36.8 | 27.74 | 31.9 | 33.37 | Days Of Inventory On Hand | 0.99 | 1.57 | 1.41 | 1.0 |
Sweetgreen November 25, 2024 Technical Indicators
Most technical analysis of Sweetgreen help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Sweetgreen from various momentum indicators to cycle indicators. When you analyze Sweetgreen charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0832 | |||
| Market Risk Adjusted Performance | 0.1841 | |||
| Mean Deviation | 3.29 | |||
| Semi Deviation | 3.33 | |||
| Downside Deviation | 3.59 | |||
| Coefficient Of Variation | 1021.69 | |||
| Standard Deviation | 4.18 | |||
| Variance | 17.44 | |||
| Information Ratio | 0.0666 | |||
| Jensen Alpha | 0.1221 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0774 | |||
| Treynor Ratio | 0.1741 | |||
| Maximum Drawdown | 15.89 | |||
| Value At Risk | (6.27) | |||
| Potential Upside | 7.39 | |||
| Downside Variance | 12.89 | |||
| Semi Variance | 11.08 | |||
| Expected Short fall | (3.89) | |||
| Skewness | 0.352 | |||
| Kurtosis | 0.0963 |
Complementary Tools for Sweetgreen Stock analysis
When running Sweetgreen's price analysis, check to measure Sweetgreen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sweetgreen is operating at the current time. Most of Sweetgreen's value examination focuses on studying past and present price action to predict the probability of Sweetgreen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sweetgreen's price. Additionally, you may evaluate how the addition of Sweetgreen to your portfolios can decrease your overall portfolio volatility.
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